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TM

Toyota Motor Corp. (NYSE:TM) reported a 4.4% Y/Y increase in total sales to 831,161 vehicles in January, despite a 3.8% decline in total production to 788,670 vehicles. Global production, including Lexus, rose by 7.4%, marking the 13th consecutive month of Y/Y growth, with strong demand in North America contributing to record overseas production. Global sales for Toyota, including Lexus, grew 10.5% Y/Y to 784,527 vehicles, with significant increases in the U.S. (23.3%) and China (39.2%), despite a 13.7% decline in Japan. Toyota also announced the resumption of production at two lines after a suspension lift on TICO-manufactured diesel engines. TM shares dropped slightly by 0.23% in premarket trading.

Portfolio Pulse from Lekha Gupta

February 28, 2024 | 11:25 am

SQSP

Squarespace's Board of Directors has authorized a share repurchase program for up to $500M of its Class A common stock, with no fixed expiration date.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:24 am

BMBL

DDD

EB

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LMND

ROOT

RXRX

SMXT

URBN

3D Systems Corporation reported disappointing Q4 results, with an adjusted loss of 11 cents per share and quarterly sales of $114.85 million, missing expectations. This led to a 14.2% drop in pre-market trading. Other companies like Integral Ad Science, Eventbrite, Lemonade, Solarmax Technology, Recursion Pharmaceuticals, Urban Outfitters, Bumble, Luminar Technologies, and Root also saw pre-market declines due to various reasons including financial results and IPO pricing.

Portfolio Pulse from Avi Kapoor

February 28, 2024 | 11:23 am

SQSP

Squarespace (NYSE:SQSP) reported Q4 earnings of $0.04 per share, missing the $0.14 estimate, but sales of $270.72M exceeded the $263.70M forecast. This represents a significant improvement over the previous year, with earnings up 157.14% and sales up 18.31%.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:20 am

SQSP

Squarespace (NYSE:SQSP) reported Q4 earnings with an EPS of $0.04, missing estimates by -71.0% against an expected $0.14. Revenue increased by $41.91 million from the previous year. The company's past earnings performance shows a pattern of missed EPS estimates, with a notable 2.0% share price drop following last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 11:20 am

DCI

Donaldson Company, Inc. (DCI) has updated its FY24 earnings per share (EPS) forecast to $3.24-$3.32 from the previous range of $3.14-$3.30, surpassing the estimated $3.18. The company also expects sales to grow by 3%-7% year over year. Additionally, Donaldson anticipates an improvement in its operating margin to 15.0%-15.4%, up from the earlier guidance of 14.7%-15.3% and compared to 14.0%, or 14.6% on an adjusted basis, in 2023.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:20 am

TBLA

Taboola has announced a new stock buyback program, authorizing the repurchase of up to $100 million of its shares. This move is aimed at enhancing shareholder value and reflects the company's confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:16 am

TBLA

Taboola.com (NASDAQ:TBLA) reported Q4 adjusted EPS of $0.09, surpassing the $0.03 estimate, but its sales of $419.80M fell short of the $436.01M estimate. This represents a 46.95% decrease in EPS and a 13.07% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:15 am

DCI

Donaldson (NYSE:DCI) reported Q2 adjusted EPS of $0.81, surpassing the $0.74 estimate, and sales of $876.70M, exceeding the $873.60M estimate. This represents an 8% increase in earnings and a 5.84% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:12 am

BTCUSD

Financial expert Dave Ramsey warned against investing in assets without understanding them, specifically mentioning his preference for real estate and mutual funds. Despite not mentioning Bitcoin directly, BTC proponents on X suggested he consider it, highlighting its recent price surge to a 27-month high around $57,000. Ramsey has previously expressed skepticism towards cryptocurrencies, advising against them as investments.

Portfolio Pulse from Mehab Qureshi

February 28, 2024 | 11:10 am